(Answered) Question - margin turnover return on investment pelak

Accounting

Question - Margin, Turnover, Return on Investment Pelak Company had sales of $4,887,000, expenses of $4,607,000, and average operating assets of $3,690,000.

Required:

If required, round your answers to nearest whole value.

1. Compute the operating income.

2. Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place.

3. Compute the ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places.

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